Connecticut is a beautiful state in America, but it is also one of the most expensive. If you are a senior who has acquired a considerable amount of assets, then Connecticut may be a good place for you to live in and retire; however, due to the state’s high cost of living and high cost of health care, Connecticut may be a state that you would only want to live in if you a had considerable amount of money. That being said, the state of Connecticut appears to be working very hard to take care of senior citizens and residents who are low-income and require care. Is Connecticut a prime destination for a retiree?
68 assisted living facilities in Connecticut
Most of the services available for seniors in Connecticut are handled by either the Connecticut Area Agency on Aging or the Ombudsman. If you need a service that currently isn't listed, then Connecticut's Area Agency on Aging or Connecticut Ombudsman are the agencies and people who can point you in the correct direction to help Connecticut seniors with whatever their question or problem is.
Connecticut’s Area Agencies on Aging (AAA) helps seniors and older residents of Connecticut. The principal goal of the AAA is to plan and provide senior services that will address the needs of the aged and people with disabilities who are living in Connecticut. The 5 AAAs fund the following services in the state of Connecticut: Social Services, Disease Prevention & Health Promotion Services, Family Caregiver Support Services, Nutritional Services and Adult Day Care Aide Positions. Additionally, the AAA may provide direct services when it comes to community education, advocacy, case management, information and assistance, and benefits counseling and training.
Connecticut also has Long Term Care Ombudsman Program. The mission of the Ombudsman Program is to ensure that Connecticut seniors' rights are being respected and met.
Some of the services that are available for senior citizens in Connecticut include (depending on eligibility):
The CHCPE program requires those seniors who are on the program due to state funding to pay a co-pay of 9%, and failure to pay this copay will end your eligibility to participate in the program.
However, what is very unusual about this program is that if a senior has an income that is over the limits that are set by Medicaid, then they may still be eligible but they will be required to pay a portion of the monthly amount owed.
Eligibility requirements include:
It costs about $5,000 per month (almost $60,000 a year) for care in an Assisted Living Facility in Connecticut, although the costs are higher in some cities and special care facilities. Although considerably higher than the national average of $3,293 per month, Connecticut is also a state with a higher cost of living than the national average.
Connecticut Assisted Living Facilities are still noticeably cheaper than nursing homes, where semi-private rooms cost $160,6000 and a private room is almost $148,500 per year.
Assisted Living in Connecticut is more expensive than Adult Day Health Care, which averages around $21,000 per year and Connecticut Assisted Living Facilities are cheaper than hiring a Home Health Aide which costs, on average, $50,000 a year. By the year 2030, Assisted Living in Connecticut will cost almost $90,000 per year – an increase of around $30,000.
Here is a breakdown of assisted living costs in major Connecticut cities:
In Connecticut, there are Medicaid waiver programs that are offered to try and keep seniors from going into a nursing facility. These waiver programs also require that you meet the eligibility requirements for Medicaid in Connecticut. In Connecticut, the Medicaid program can be completed online at ConneCT or by contacting the AAA and asking for the CHOICES program.
To be eligible for these waivers, seniors living in Connecticut must meet the following financial requirements for Medicaid:
Some waivers are offered by the Connecticut Department of Developmental Disabilities (DDS) and they include:
Connecticut is a very expensive state – to live in and to retire. However, the state is working on financial reform, especially for seniors who want to live in Connecticut. They are currently researching a plan to provide a pension for all seniors.
Here are some things to consider for seniors when choosing where to retire in Connecticut:
According to the Census, Connecticut is the 29th most populated state in America, the fourth most densely populated, yet it is the third smallest state. It has a total area of only 5,543 square miles and a population of around 3.6 million people. Immigration from outside the United States has resulted in an increase of around 75,000 people. Seniors account for 15.8% of the total Connecticut population (around 550,000 seniors in total) - an increase of 1.6% from the previous census. There are also almost 1.5 million housing units in total in Connecticut.
The county of Fairfield is the most southwestern and the most populated in Connecticut and it contains the four of the largest of the state’s cities, Bridgeport, Stamford, Norwalk, and Danbury. According to the latest U.S. Census, the Bridgeport-Stamford-Norwalk area has close to 950,000 people with a population density of 1,467.2 people per square mile. It is the 57th most populous MSA (metropolitan statistical area) of the U.S and the most populated county in the country.
The top three religious majorities are: Mainline Protestant (28%); Evangelical Protestant (13%); and Baptist (5%.) 23% of the population self-identify as non-religious. English is the primary language in Connecticut followed by Spanish, Italian, French, and Polish.
The racial composition of Connecticut is approximately: 78% White (including White Hispanics); 10% Black; 4% Asian; and 0.5% American Indian or Alaska Native. Connecticut has large populations of Italian-Americans, Irish-Americans, and English-Americans and the state is known for its considerable Hungarian-American population. Recently, 46% of the population younger than one were minorities.
Connecticut imposes a state income tax that ranges from 3% to 6.7% on your taxable income. There is also a state sales tax of 6.35% which is higher than most states, although there are no local sales taxes in Connecticut (which can be a big help to seniors), so 6.35% is the maximum sales tax that can be charged. Due to the ban on counties and cities adding on to the sales tax, this actually makes the state rank in the bottom 20 of all the states in terms of sales tax. However, due to the ban on cities and counties adding on to the sales tax, Connecticut has a high property tax rate to make up for it – the second highest in the nation.
There is a tax on estates in Connecticut, but with some high qualifications. The exemption amount is $2 million. If you have over $600,000 above that amount you are taxed at 7.2%, 8.4% for the next $500,000 (up to $4.1 million), and then an additional 0.6% for every $1 million of value of the estate. The top rate is 12% for an estate exceeding $10.1 million.
There is also a state gasoline tax of $0.43.22 cents/gallon. The gas tax is the 5th highest gas tax in the U.S. and the tax on diesel fuel is $0.54.5 cents/gallon, the second highest in the country.
Capital gains are taxed as regular income in Connecticut, 6.7%.
Additionally, the purchasing power in Connecticut is lower than the average in the nation. For example, what would cost you $91.91 in Connecticut is what you would expect to spend $100 on in another state. The cost of living is higher in Connecticut than it is in other states in every category: grocery, health, housing, utilities, and transportation.
SeniorGuidance.org provides comprehensive resources on various senior living options, including: assisted living facilities, senior living communities, nursing homes, independent living communities, continuing care retirement communities (CCRC) and all other long term senior care options, including memory care such as Alzheimer's or Dementia.
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